Airbnb on Wall Street by 2020

Airbnb on Wall Street by 2020

Airbnb, one of the most important online search and rental platforms for rooms and lodgings, has announced its intention to go public on the stock exchange within the next year. In the same statement the leaders of the US company have already made it clear that the debut on Wall Street should not take place through an IPO (Initial Public Offering).

Founded in 2007 under the name of "Airbedandbreakfast.com"thanks to an idea by Brian Chesky, Joe Gebbia and Nathan Blecharczyk, the project was renamed" Airbnb "in 2009 to then record a steady growth both in terms of supply and managed bookings and the number of countries involved, today over 190 all over the world.

A number of recent initiatives, such as the launch of the service, demonstrate that Airbnb was affected by an important financial consolidation project Airbnb Plus, dedicated to the rental of high quality housing, and the creation of Beyond by Airbnb, an initiative specifically dedicated to accommodation in luxury facilities.

The acquisition of the web portal for last minute hotel reservations should also be reported HotelTonight, dating back to last March, costing around 400 million dollars. An operation that follows the one that led in February 2017 Tilt.com, a startup specializing in the social payment sector, to be part of the great Airbnb family.

Strong of a last quarterly report in which the multinational has recorded gains of over 1 billion dollars, Airbnb has been the protagonist of an advertising campaign in the last few months in which the company wanted to reiterate the centrality of its business model based on putting in contact with users and hosts thanks to a system based on the immediacy of contacts, choice and payments.

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